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Re: None

Thursday, 09/11/2008 3:11:56 PM

Thursday, September 11, 2008 3:11:56 PM

Post# of 21815
I wonder if Scottrade knew this was comming. They restricted purchases of the stock late last week and only allowed sells.

I was in GRMU a while back during one of their R/S's got caught like here. After the R/S the stock went up and I actually got out with a very nice profit.

If they don't dilute immediately and give the stock a chance to breath while they finally put out some PR's, it's possible this could still work out. If they dilute immediately we are screwed. I guess they had to wait until the share discrepency was fixed before they could R/S. One of the reasons I held and bought more after the R/M was the fact that they didn't R/S, I guess I should have sold when I could have in the .0008 area and taken my profit.

Now, I'll just have to wait and see how they handle it.

GTLA
Wally